Bloom Energy Stock Is an AI Darling. Why Investors Should Sell Anyway.
1. Jefferies downgraded Bloom Energy to Underperform, citing overhyped fundamentals. 2. Bloom's stock fell 15% to $65.41, marking consecutive double-digit declines. 3. Long-term visibility of significant data-center orders remains questionable. 4. Deals with Oracle and American Electric Power lack multi-year commitments. 5. Bloom Energy needs substantial orders to justify its valuation despite rapid growth.